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Kordsa invests $18M to expand HMLS polyester yarn capacity in Izmit, Turkey · Endata

◂ Announcements

Dec 4, 2022EXPANSIONIzmit, Turkey, Türkiye

Kordsa invests $18M to expand HMLS polyester yarn capacity in Izmit, Turkey

Kordsa is investing $18 million to add 7 ktpa of HMLS polyester yarn capacity at its Izmit plant, expected to start in Q3 2024, raising total capacity to 34 ktpa.

Value

$18.0M

Starts operating

Q3 2024

Status

Under construction

Capacity

7 ktpa

ProductsHMLS polyester yarn

CompaniesKordsa

Sectors#Automotive Components #Industrial Textiles

“Yıldırım, İzmit'te yüksek modüllü düşük çekmeli (HMLS) polyester iplik için kapasite eklemeye yönelik 18 milyon $'lık (18 milyon €) yatırımın 2024'ün üçüncü çeyreğinde faaliyete geçmesinin beklendiğini söyledi.”lastikmagazin.com

1 source
lastikmagazin.comKordsa, Türkiye’de Kord Üretim Kapasitesini Artıracak | Lastik MagazinLastik MagazinDec 4, 2022

Summarized from public sources; check the original articles before acting on it.

More from Kordsa

Jan 1, 2025ACQUISITIONItaly
Kordsa finalizes acquisition of Microtex Composites
Kordsa acquirer Microtex Composites target microtexcomposites.com
Nov 22, 2024EXPANSIONChattanooga, Tennessee, United States$50.0M
Kordsa expands Nylon 66 yarn plant in Chattanooga
Kordsa industrialinfo.com
Jan 3, 2024CONTRACTTürkiye
Kordsa signs long-term agreement with FACC for fire-retardant products
Kordsa FACC AG customer compositesworld.com
Apr 18, 2023EXPANSIONChattanooga, Tennessee, United States$50.0M200 jobs
Kordsa to invest $50M expanding tire cord fabric capacity in Chattanooga
Kordsa tn.gov
Feb 24, 2023ACQUISITIONPennsylvania and California, United States$100.0M
Kordsa to acquire Fabric Development Inc. and Textile Products Inc. for $100M
Kordsa acquirer Fabric Development Inc. target aa.com.tr
Dec 4, 2022EXPANSIONChattanooga, Tennessee, United States$20.0M
Kordsa invests $20M to double tire cord fabric capacity in Chattanooga, Tennessee
Kordsa lastikmagazin.com

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